If you want to sell your used bike, there are several pros and cons. You should never forget that you should not sell your bike if it has any extras. Whether it is a trailer, a helmet, or a chopper, you should keep those things out of the sale.
SidelineSwap
SidelineSwap is a great way to sell your used bike, sports gear, and more. It is a social network platform that features an intuitive interface.
You can download the app from the App Store or Google Play to start selling. Once you sign up, you’ll need to submit a photo of your selling item and add the details. You can then set a price and make a bid on the item. If you choose, you can also list your items for free.
After the item sells, SidelineSwap sends a prepaid shipping label to the buyer. The seller pays for the cost of the item plus a 3% payment processing fee to a payment processor.
SidelineSwap offers a wide selection of goods and categories for buyers. Users can search by sport and sub-category. In addition, the site provides a valuable guide to help users determine the true value of their items.
SidelineSwap also gives sellers a prepaid shipping label that covers shipping costs. Sellers can also bundle their items to reduce fees.
Craigslist
There are many websites out there that offer an easy way to sell your used bike. Craigslist and OfferUp are the two main players in this field. However, if you’re looking for a deal on a specific model, eBay is often the go-to place.
To find a good deal on a used bike on Craigslist, you must do a little research. Before you start browsing, you’ll want a good idea of the make, model, and size. The site’s search function is a good way to narrow down your options.
Fortunately, Craigslist allows you to upload pictures of your bicycle. You should include the coolest shots to make your ad stand out.
When listing your bike for sale, you can list the model, year, size, and specs. This information is helpful to both you and your prospective buyer. But you’ll want to ensure that the photos are clean and show off all of your bike’s parts.
The best way to sell your used bike on Craigslist is to create an appealing and informative ad. If you need help deciding what to include in your ad, you can rely on Craigslist’s list of recommended features.
Pawn shops
If you’re considering selling a used bike, consider a pawn shop. Not only can a pawn shop provide quick cash, but they also have various options for you.
Pawn shops are a great way to get a quick loan against your collateral. But there are some things to consider before you hit the pawn shop.
For one, a pawn shop will likely not buy your bike if it is in bad condition. Rusty joints, broken chains, wilted paint, and loose handles can reduce the bike’s value.
However, you may be surprised to learn that you can sell your bike online. In fact, several sites allow you to list your bike for free.
Another option is Facebook Marketplace. There are also local sites that allow you to sell your bike, such as the local swapping app SidelineSwap.
One of the best features of Facebook Marketplace is that you can list items for free. You just need to be signed up for a free Facebook account.
Don’t sell your bike with extras
If you’re considering selling your used bike, don’t fall for the scams. These scams will leave you with an expensive piece of junk. The best way to ensure a good deal is to ensure you’re doing your homework before putting up your hard-earned cash. With eBay, Craigslist, and other online classified sites, you can browse thousands of bikes for sale, many of which are not worth your while. Plus, you can get a good deal on some of the better brands like Specialized, Fuji, and Shimano.
When it comes to selling your used bike, the most important thing to remember is that you should always be honest with your potential buyers. There’s nothing worse than a buyer who isn’t committed. Likewise, you don’t want to overcharge a cash-strapped buyer who wants to spend as little as possible. So, be frank with your potential buyer, and make them a reasonable offer. You’ll be glad you did when you’ve made a quick sale. And if you’ve got a bike that’s in decent condition, you may even be able to buy it back in the future!
Don’t accept cashier’s checks and money orders
Cashier checks and money orders are two payment types commonly accepted for smaller transactions, but they can also be used in a number of scams. The FTC reported a significant increase in fake check complaints to its Internet Fraud Complaint Center in 2017.
If you get a cashier’s check, ensure you don’t accept it. Scammers often tell their victims that they’ve won a lottery and must pay taxes to get their money. They may also ask you to give them extra money. This scam is more prevalent on Craigslist and other online marketplaces. You can easily lose money in this scheme.
Money orders have some benefits, too. They don’t require a checking account, but they do have a limit. Typically, the largest amount you can get is $1,000. So if you need to buy more than that, you’ll need to buy several money orders. However, these types of payments take more work to cancel.
It would help if you also were wary of cashier’s checks for more than the amount you’ve requested. These can take up to seven days to clear.
